GECAS has converted existing options with Boeing for eleven 737-800BCFs, bringing the total number of firm ordered conversions to sixty since the program’s launch in 2016 [FATs 005539-5559]. The lessor also added nine options to...
Cargo Facts is pleased to announce that Houston Mills, vice president of flight operations of UPS, has joined the Cargo Facts Symposium 2020 speaker faculty. Mills will join other distinguished industry peers on a virtual roundtable session titled, “Refiling air cargo’s flight plan: Growth opportunities and obstacles in airfreight,” on Tuesday, Oct. 27, at 11:45 […]
Russia-based Volga-Dnepr Group has taken delivery of its first 777F (66625) from Boeing [FAT 005539]. Volga-Dnepr couldn’t confirm an exact date for the arrival of the aircraft at its hub in Moscow (SVO), but told Cargo Facts it could depart Boeing’s Everett (PAE) facility as early as next week. The Russian group’s first 777F is […]
Air Transport Services Group’s (ATSG) commitment to and investment in 767 freighters saw the company’s operating income jump by 74% year on year to $32.5 million on an adjusted basis for the second quarter. Total revenue at ATSG’s dry-leasing division, Cargo Aircraft Management (CAM), for the quarter was 8% higher than a year ago, attributed […]
On the back of what President and CEO John Dietrich called “an exceptional quarter,” Atlas Air Worldwide Holdings reported an adjusted net income of $123.2 million for the three months ended June 30, 2020, compared to $4.5 million for the same period in 2019. The charter segment was a significant contributor to the second-quarter performance. […]
Drone delivery Skyports has made another move toward pushing drones into the mainstream by partnering with Robotic Skies, an unmanned aircraft service and maintenance provider, after conducting successful beyond-visual-line-of-sight (BVLOS) trials in rural Scotland. While both companies are startups, Skyports has raised more than 6 million pounds ($7.8 million) over two rounds of funding, and […]